Uwharrie Capital Corp Second Quarter 2023 - Earnings Release
- None.
- None.
Net income for the six-month period ended June 30, 2023, was
Net income for the three-month period ended June 30, 2023 was
The year-over-year improvement in net income as of June 30, 2023 is due to improvement in margins related to rising interest rates during 2022 and 2023 and a continued shift in the makeup of our earning assets.
About Uwharrie Capital Corp
Uwharrie Capital Corp offers a full range of financial solutions through its subsidiaries: Uwharrie Bank and Uwharrie Investment Advisors. Additional information on Uwharrie Capital Corp may be found at www.Uwharrie.com or by calling 704-982-4415.
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SOURCE Uwharrie Capital Corp
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